Economic Update
Impact of tapering on emerging markets
In this Economic Update we take a closer look at the impact of the gradual slowing down of the rate of asset purchases by the US Federal Reserve (Fed) on the emerging markets.
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24 Publications
Economic Comment
Tapering, a game-changer?
The start of tapering in January 2014 is not expected to significantly change our global economic outlook. Nevertheless, it might have negative consequences for the bond markets of vulnerable countries, both in the emerging world and the eurozone.
Economic Update
Russia: Economic slowdown continues
Russia’s economic activity has continued to slow in 13Q3 and we expect growth in 2013 as a whole to be around 1.5%. The economic slowdown is starting to adversely impact public finances. The central bank has left rates on hold for now, despite falling inflation.
Economic Update
Brazil: Economy contracts in third quarter 2013
The third quarter was disappointing for Brazil, as GDP contracted for the first time since 2009 on a quarterly basis. Growth in the coming quarters is likely to be somewhat stronger, but leading indicators suggest that momentum remains rather weak.
Economic Update
India: Good monsoon nurtures economic green shoots
We are finally seeing some positive news in the Indian economy, but the recovery remains fragile.
Economic Report
Sneller mondiaal economisch herstel: herbalancering en handelsliberalisering (Dutch)
Sinds de crisis richt beleid veelal op lopende rekeningtekortreductie, zonder daarbij in protectionisme te vervallen. Er wordt zelfs over baanbrekende handelsliberalisering onderhandeld die een bescheiden, maar welkome economische impuls kan leveren.
Economic Report
Outlook 2014 - China: balancing reforms and growth
After an ambitious start, China’s new leadership seems to have eased back on its reform drive. Maintaining a sufficiently strong growth rate is still the priority. For 2014, this implies only incremental reforms and a growth rate of around 7¼%.
Country Report
Country Report Cameroon
In 2012, the economic performance of Cameroon improved on the back of the oil sector, while the political risks persisted, despite milestones having been achieved.
Special
The driving forces behind China's foreign policy - has China become more assertive?
An in-depth view into the developments and driving forces of China’s foreign policy is presented. Foreign policy in China is largely driven by domestic goals and has become slightly more assertive in recent years.
Country Report
Country Report Panama
Economic growth in Panama is strong due to large infrastructure projects. Whether these projects will boost growth structurally, to an extent that it will outweigh the loss of short-term infrastructural investment-driven growth, remains to be seen.
Country Report
Country Report China
Growth in China is rebounding but, unfortunately, still driven by investment growth on the back of government stimulus and credit growth. The government thus still prioritizes on short-term growth, which makes implementing reforms a difficult task.
Economic Report
The Mexican 1982 debt crisis
In August 1982, Mexico was the first of many Latin American countries to default on its sovereign debt. This report covers the main characteristics of the Mexican debt crisis as well as its main causes and triggers.
Economic Update
Conjunctuurbeelden eurozone (Dutch)
De groeicijfers van het tweede kwartaal van 2013 laten een gemengd beeld zien. Zo presteerde de Duitse economie goed, maar bleven Spanje en Italië in recessie. Onze Conjunctuurbeelden in één overzicht.
Economic Update
Brazil: Growth accelerates, but new slowdown likely
Brazil’s economy grew surprisingly fast in 13Q2. In particular, the strong investment growth realised is highly welcome. However, we expect growth to slow down in the second part of 2013.
Economic Update
India: Battered but not beaten
Tapering talk has sent the Indian rupee to record lows, but India is not a blameless victim. It struggles with fundamental issues constraining economic growth, large twin deficits and declining investor confidence on the back of inadequate reforms.